NSFAS Banking Details

NSFAS Banking Details

Do you need the NSFAS banking information to make loan payments, Do you want to add NSFAS banking information for debit orders, electronic fund transfers, or salary deductions? It is important to have accurate and up-to-date NSFA banking information to enable the proper delivery of funds. NSFAS Banking Details are the particular financial details that a student sends to the South African National Student Financial Aid Scheme (NSFAS). These features normally include the financial institution’s name, branch code, and unique account number.

As part of NSFAS’s digital transition, all NSFAS recipients at universities and TVET colleges will begin getting and transacting with the NSFAS bank card.NSFAS has created a step to accommodate the ever-increasing number of beneficiaries and ensure that allowances are received safely through the new bank account.

NSFAS Banking Details

NSFAS and FNB finalized their collaboration, with FNB becoming the NSFAS funds’ official disbursement agency. The goal of this collaboration was to make the cash payment process more effective, fast, and secure. NSFAS Bank details are provided below;

Name of Account: NSFAS
Branch Code: 210554
Bank: First National Bank
Account Number: 500 600 28203

 Note: Please use your ID Number (6711165000000) as a reference when making payments

READ ALSO: Nsfas Online Application Form 2025

Debit Order

If you don’t want to worry about remembering to pay your NSFAS loan every month, this is a good option for you. Just complete the electronic debit order form and submit it.

 Note: Complete this  form and email it back to collections@nsfas.org.za

Salary Deduction

Your employer can deduct your income and pay it over to NSFAS.  Please print and complete the form and submit it to your employer.

Steps To Send NSFAS Bank Details And Receive Allowance 2025

• Visit “www.nsfas.org.za” and click on the “myNSFAS portal” section.
• log in using your myNSFAS account username and password.
• Once logged in, click on the “bank account details” option under the ‘Profile Information’ section.
• Fill in your banking details from a bank of your choice.
• Click on the “save” button.
• NSFAS will verify the submitted banking details with your bank for successful submission.

NSFAS Virtual Contact Centre

We are available to assist through the following channels:

• Email: info@nsfas.org.za
• Facebook: National Student Financial Aid Scheme
• Twitter: @myNSFAS
• Instagram: @myNSFAS
• WhatsApp: +27 78 519 8006
• USSD:*120*67327#

NSFAS pays for tuition, housing, and allowances by transferring money right into students’ bank accounts. To guarantee on-time payment, accurate information is required. Visit the official website of NSFAS for more information.

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